VIA Rail has received an honorable mention in Enterprise Risk Management (ERM) from the Risk Management Society (RIMS), at the RIMS’ annual conference in Chicago.
Members of the RIMS selection committee underlined how VIA Rail’s risk management system provides added value to VIA Rail’s operations and also assists its Board of Directors in their oversight role of the company’s activities. The most notable advantages of this system are its ability to better manage and prevent risks, to support the company’s development and growth strategy and to react with agility when a risk materializes.
“This recognition once again confirms that VIA Rail does a remarkable job to anticipate and mitigate risks in the management of its daily business, as much as in the context of its strategic planning,” stated Yves Desjardins-Siciliano, President and Chief Executive Officer of VIA Rail.
VIA Rail’s risk management system has also recently received a Safety Excellence Award, from the Railway Association of Canada.
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